bank of america has agreed to settle charges that it misled investors when it bought merrill lynch. they told shareholders bonuses or not yet approved. the bank will pay a $33 million penalty. the postal service is expected to lose nearly $7 billion this year. they are considering closing or consolidating hundreds of locations. price hikes and service cuts have been no match for business lost to email. >>> 6:21 on this tuesday, 71 degrees. >> never missed an important movie scene. more on a new website designed to help you avoid that problem. >> we thank you for waking up with us. you're watching "good morning washington." >>> we have given you the hard news headlines of the day. >> philip stewart is here to talk about what you will be talking about later today. >> we have some live pictures coming in to us from florida where shuttle discovery is on the move right now. they are making the trip to the launch pad. the shuttle is set to launch on august 25. less than a month after the opening of eastern market, the restored area has scars of street work. washington gas workersused a ja